Cullum-backed investment vehicle supports MGA’s Series A round
Minority Broker Partnerships, an investment vehicle backed by Towergate founder and former Global Risk Partners [now Brown & Brown Europe] chairman Peter Cullum, has backed drone specialist MGA Moonrock Insurance for an undisclosed sum.
Moonrock said the Series A investment will support its “expansion and innovation in the drone and eVTOL insurance sector, and positions the business to meet surging demand in the rapidly evolving market, both in the UK and globally”.
Rich historySimon Ritterband, MD and founder of Moonrock Insurance, said: “We’re thrilled to have developed this partnership with MBP and I am delighted to be working with Peter Cullum, pictured, who needs little introduction.
“His expertise in insurance investment
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